Question
The YouBeaut Investment Company is offering an investment that pays $13,000 per year for 7 years.If the investment is risk free, and the relevant risk
The YouBeaut Investment Company is offering an investment that pays $13,000 per year for 7 years.If the investment is risk free, and the relevant risk free interest rate is 10.3% per year, how much would you be willing to pay for the investment?Give your answer to the nearest cent.
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Business Mathematics
Authors: Gary Clendenen, Stanley A Salzman, Charles D Miller
12th Edition
0135109787, 9780135109786
